: Dow ends over 360 points lower as ADP jobs data sparks surge in bond yields
Stocks ended with a loss, but off session lows, on Thursday after a large jump in an estimate of private-sector jobs growth sent Treasury yields...
: Twitter lawyer tells Meta there are ‘serious concerns’ about Threads and Twitter IP
In a letter addressed to Meta Platforms Inc.’s META Chief Executive Mark Zuckerberg, Elon Musk’s lawyer Alex Spiro said Thursday that Twitter had “serious concerns”...
Market Extra: Stock market slumps as investors realize rates will be higher for longer
Scott Olson/Getty ImagesFinancial markets are finally coming around to the idea that U.S. interest rates are likely staying higher for longer, driven by Thursday’s blowout...
Nikola falls short of winning shareholder support to issue new stock – but a new law may help
Nikola adjourned its annual meeting to try to win more votes to issue new stock. A potential legal change in Delaware may give it some...
Levi Strauss slashes guidance as wholesale revenue drops
Levi slashed its profit outlook for the year after it reported a slowdown in US wholesale revenue that the retailer expects will continue.
FDA approves Alzheimer’s drug Leqembi, paving way for broader Medicare coverage
Leqembi slowed cognitive decline in a clinical trial, but the treatment is expensive and carries serious risks of brain swelling and bleeding.
Levi Strauss slashes guidance as wholesale revenue drops
Levi slashed its profit outlook for the year after it reported a slowdown in US wholesale revenue that the retailer expects will continue.
Payrolls report Friday likely to show a jobs market that is still hot
The consensus estimate is that payrolls rose by another 240,000 in June and the unemployment rate is projected to nudge lower to 3.6%.
Crypto: BlackRock’s bitcoin ETF filing is a vote of confidence in Coinbase, one analyst says. Here’s why.
Led by BlackRock, several major asset managers, such as Fidelity, Invesco, WisdomTree and VanEck, recently filed applications for spot bitcoin ETFs and named Coinbase as...